- Art.Salon
- Artists
- Zhang Hongtu
- Long Live Chairman Mao Series (Two Works)
Zhang Hongtu
Long Live Chairman Mao Series (Two Works)
Found at
Sothebys,
Hong Kong
Contemporary Asian Art, Lot 927
3. Oct - 3. Oct 2011
Contemporary Asian Art, Lot 927
3. Oct - 3. Oct 2011
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Zhang Hongtu
B. 1946
LONG LIVE CHAIRMAN MAO SERIES (TWO WORKS)
each signed in Pinyin and dated 1997
acrylic on Quaker Oats boxes
each: 24.4 (H) by 13.3 by 13.3 cm.; 9 5/8 (H) by 5 1/4 by 5 1/4 in.
Private Collection, USA | Sotheby's, New York, 17 September, 2008, lot 123 | Sotheby's, Hong Kong, 05 April, 2010, lot 327 | Acquired by the present owner from the above sale
B. 1946
LONG LIVE CHAIRMAN MAO SERIES (TWO WORKS)
each signed in Pinyin and dated 1997
acrylic on Quaker Oats boxes
each: 24.4 (H) by 13.3 by 13.3 cm.; 9 5/8 (H) by 5 1/4 by 5 1/4 in.
Private Collection, USA | Sotheby's, New York, 17 September, 2008, lot 123 | Sotheby's, Hong Kong, 05 April, 2010, lot 327 | Acquired by the present owner from the above sale
Auction result well in line with expectations
In October 2011 Sothebys in Hong Kong held the auction Contemporary Asian Art, which included the work Long Live Chairman Mao Series (Two Works) by Zhang Hongtu. The price achieved of HKD 93,750.00 (€ 8,657.78) was within expectations - the estimate range had previously been set by the auction house as HKD 80,000.00 – 100,000.00. Of course, this price has nothing to do with the top prices that other works by Zhang Hongtu achieve. The highest price we have observed so far was reached by the work Shen Zhou - Van Gogh #2 in May 2007 with an auction result of HKD 1,440,000.00 (€ 137,117.37).
Auktionsergebnis im Rahmen der Erwartungen
Im Oktober 2011 führte Sothebys in Hong Kong die Auktion Contemporary Asian Art durch, in der auch die Arbeit Long Live Chairman Mao Series (Two Works) von Zhang Hongtu zur Versteigerung kam. Der dabei erzielte Preis von HKD 93.750,00 (€ 8.657,78) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 80.000,00 – 100.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Zhang Hongtu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Shen Zhou - Van Gogh #2 im Mai 2007 mit einem Auktionsergebnis von HKD 1.440.000,00 (€ 137.117,37).
